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WATCH: Apple extends a chip deal with Qualcomm.

WATCH: Apple extends a chip deal with Qualcomm.

Apple Inc. is extending an agreement to get modem semiconductors from Qualcomm Inc. for three more years, a sign that its ambitious effort to design the chips in-house is taking longer than expected. Qualcomm shares surged on the news.

Bloomberg.comIan King,Mark GurmanSep 11, 2023

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